ARDX – CURRENT PRICE : 6.06
The stock has broken above its long-term downtrend line accompanied by strong volume (look at red arrow). This breakout was confirmed by the formation of a Rising Window (1), signaling the end of the previous bearish phase.
Another Rising Window (2) appeared recently, again on high trading volume, reinforcing bullish sentiment and indicating the likelihood of a continuation in the uptrend. Take note also that the RSI has climbed into bullish territory (above 50), suggesting a shift in momentum towards buyers’ control and further room for upside before reaching overbought conditions.
ENTRY PRICE : 5.80 - 6.10
FIRST TARGET : 7.00
SECOND TARGET : 8.00
SUPPORT : 5.11 (bottom of the Rising Window area)
The stock has broken above its long-term downtrend line accompanied by strong volume (look at red arrow). This breakout was confirmed by the formation of a Rising Window (1), signaling the end of the previous bearish phase.
Another Rising Window (2) appeared recently, again on high trading volume, reinforcing bullish sentiment and indicating the likelihood of a continuation in the uptrend. Take note also that the RSI has climbed into bullish territory (above 50), suggesting a shift in momentum towards buyers’ control and further room for upside before reaching overbought conditions.
ENTRY PRICE : 5.80 - 6.10
FIRST TARGET : 7.00
SECOND TARGET : 8.00
SUPPORT : 5.11 (bottom of the Rising Window area)
Trade closed: target reached
Hit first target at 7.00 on 08 JANUARY 2026.Hit second target at 8.00 on 09 JANUARY 2026.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.